Hello Everybody,
As all of you know, 2007 was a
great year for Tirex Resources and we are now eager to build on the success we
experienced in 2007 with a 2008 that we believe has the potential to be
incredibly exciting!
I am sending you this email today
to thank you for following our company from an early stage. 2007 was an
extremely busy year for Tirex. In 2007, the company:
- completed an Initial
Public Offering and began trading on the TSX Venture Exchange in Canada with
the symbol TXX (we subsequently started trading in Europe with the symbol 3TI
in Frankfurt and in the United States via the US Clearing Symbol TIRXF).
- assembled an excellent
technical team at Mirdita, led by an experienced team of 5 Canadian geologists
and several senior Albanian geologists, geophysicists and surveyors.
- established a
technologically advanced base camp operation in a local town, ideal to
coordinate the use of modern technology within a large exploration
program.
- constructed the first
phase of a large field camp near the drill sites.
- flew
the first ever airborne geophysical survey in the history of Albania with
excellent results.
- commenced an extensive
data compilation of all past work that had been done in the District during
previous state-run exploration expeditions for the purpose of aiding our
exploration efforts.
- signed an extended lease
for a new state of the art core drill rig that will mobilize to Mirdita and
will remain onsite through multiple phases of drilling.
- arranged funding from
institutional investors at $2.75 per share (no warrants) to intensify and
expand the planned exploration program.
- commenced ground
geophysical work at Mirdita, utilizing the UTEM System (University of Toronto
Electro Magnetic System). This work is further defining and identifying
priority zones for drilling.
- reported successful
results from the initially completed UTEM work, indicative of the potential
of
the first ever large scale and systematic modern exploration within this
District.
We are
working hard right now in Albania and are eager to follow up on the extensive
work that we completed in 2007 with an intense and aggressive 2008 drill
program. We'll keep you updated as news flows from Mirdita resulting from the
large amount of activity we have planned in the District. Check our website
often at www.tirexresources.com
for
further updates and if you have any questions or comments about our progress,
we'd love to hear from you. We want to establish a reputation in the industry,
based not only on having a potentially world-class VMS District, but also as
the
hardest working team in the exploration business.
Regards,
Bryan Slusarchuk
CEO
 
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Tirex Resources Ltd.
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PRODUCER |
CODE : TXX.V |
ISIN : CA88823P1045 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Tirex is a gold exploration company based in Canada. Tirex produces gold, copper and zinc in Albania. Its main asset in production is MIRDITA in Albania. Tirex is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 7.5 millions as of today (US$ 6.0 millions, € 4.9 millions). Its stock quote reached its highest recent level on March 07, 2008 at CA$ 4.17, and its lowest recent point on December 15, 2017 at CA$ 0.02. Tirex has 114 640 000 shares outstanding. |